Examples of Purchaser Registration Statement in a sentence
The Company shall use commercially reasonable efforts to cause the Purchaser Registration Statement to be declared effective by the SEC as soon as practicable.
The Company shall file with the Securities and Exchange Commission (the "SEC"), within 90 days following the Closing (as defined in the Purchase Agreement), a registration statement on Form S-3 covering the resale to the public by the Purchaser of the Shares (the "Purchaser Registration Statement").
The Company shall cause the Purchaser Registration Statement to remain effective until the date one year after the date of the Closing (the "Closing Date") or such earlier time as all of the Shares covered by the Purchaser Registration Statement have been sold pursuant thereto.
Such Purchaser is acquiring the Securities as principal for its own account and has no direct or indirect arrangement or understandings with any other persons to distribute or regarding the distribution of such Securities (this representation and warranty not limiting such Purchaser’s right to sell the Securities pursuant to the Purchaser Registration Statement or otherwise in compliance with applicable federal and state securities laws).
The Company shall file a registration statement to register the Underlying Shares (“Purchaser Registration Statement”) as soon as practicable after the Initial Closing Date, (the “Filing Date”) and shall take all reasonable steps to ensure that the Purchaser Registration Statement is declared effective by the Commission within 180 days following the Initial Closing Date (the “Registration Date”).
In each case as of the effective date of the Purchaser Registration Statement: (i) all stock option plans and material contracts of Purchaser required to be included as exhibits to the Purchaser Registration Statement under Item 601(b)(10) of Regulation S-K promulgated by the SEC were so included, and (ii) all transactions involving Purchaser required to be disclosed in the Purchaser Registration Statement under Item 404 of Regulation S-K promulgated by the SEC were so disclosed.
For so long as Purchasers hold Preferred Shares, the Company will not sell or issue or attempt to register any securities under the Purchaser Registration Statement in any amount or manner that would prevent or restrict the availability of the Purchaser Registration Statement to cover the issuance of Underlying Shares upon conversion of the Preferred Shares and the exercise of the Warrants.
The amount of any payment by the Purchaser under this Section 5 in respect of any Losses resulting from or arising out of any indemnification or contribution claim shall in no event exceed the gross proceeds to such Purchaser as a result of the sale of the Shares pursuant to the Purchaser Registration Statement.
Notwithstanding anything contained herein to the contrary and for the avoidance of doubt, the parties hereto acknowledge that (a) the Company has granted registration rights to other purchasers with respect its Common Stock, and (b) any Purchaser Registration Statement prepared, filed and made effective under Section 3 may also cover the resale of such other securities as well as any securities held by other security holders which the Company has an obligation to register.
The Purchaser covenants and agrees that it will comply with the prospectus delivery requirements of the Securities Act as applicable to it in connection with sales of Registrable Securities pursuant to the Purchaser Registration Statement.